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Companies / Healthcare / LeonaBio, Inc.
LONA

LeonaBio, Inc.

HealthcareBiological Products
Ticker LONABOTHELL, WAFiscal year ends DecemberBook value per share $1.57Diluted shares 21.4M

LeonaBio, Inc. (Nasdaq Capital Market: LEON) is a clinical-stage biopharmaceutical company dedicated to developing novel therapeutics for high unmet medical needs, particularly in oncology and neurology. The company's website is www.leonabio.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
—
0.00%
$-105.61M
−8.9% year over year
Last 12 mo $-141.45M
-380.03%
−163.8 percentage points
Last 12 mo -421.06%
Cash & financing
$-45.73M
+52.9% year over year
Last 12 mo $-61.93M
$-45.73M
+53.0% year over year
Last 12 mo $-61.93M
—
4.3M
−88.9% year over year
Last 12 mo 21.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What LeonaBio, Inc. does

In the company’s own words

LeonaBio, Inc. (Nasdaq Capital Market: LEON) is a clinical-stage biopharmaceutical company dedicated to developing novel therapeutics for high unmet medical needs, particularly in oncology and neurology. The company's website is www.leonabio.com.

LeonaBio operates a pipeline of drug candidates focused on two primary therapeutic areas. The company's lead oncology asset is lasofoxifene, a selective estrogen receptor modulator currently in Phase 3 clinical development for the treatment of estrogen receptor-positive, HER2-negative metastatic breast cancer with ESR1 mutations. Lasofoxifene was in-licensed globally in December 2025, excluding Asia and certain Middle Eastern countries. The company's pivotal ELAINE-3 trial aims to demonstrate the superiority of lasofoxifene combined with abemaciclib compared to fulvestrant with abemaciclib for patients with ESR1-driven metastatic breast cancer following CDK4/6 inhibitor progression. As of December 2025, the trial had completed over fifty percent recruitment, with topline data anticipated in the second half of 2027.

In neurology, LeonaBio's lead candidate is ATH-1105, a small-molecule positive modulator of the neurotrophic HGF system designed to treat amyotrophic lateral sclerosis. The company completed a first-in-human Phase 1 trial in November 2024, which demonstrated favorable safety and tolerability in eighty healthy volunteers. A Phase 2 proof-of-concept trial in ALS patients is anticipated to commence in 2026, with primary focus on plasma neurofilament light chain levels as a biomarker of neurodegeneration.

The company also maintains early-stage development programs including ATH-1020, another HGF system modulator being explored for neuropathic pain and other neurological indications, along with novel compounds in discovery targeting various molecular pathways relevant to oncology and neurology applications.

LeonaBio has incurred significant losses since inception and anticipates continued losses through the foreseeable future as it advances clinical development programs. The company is classified as a smaller reporting company and is not a well-known seasoned issuer. As of March 27, 2026, the company had 9,393,514 shares of common stock outstanding.

Company details
Sector
Healthcare
Industry
Biological Products
Headquarters
BOTHELL, WA
Fiscal year end
December
CIK
1620463
SIC
2836

Financial performance, year by year

Fiscal 2020–2025 · USD
$-153.60M$-117.16M$-80.70M$-44.25M$-7.81M202020212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns LeonaBio, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

14
funds hold it
0 of 35
superinvestors hold it
$4.78M
held by funds, at market
5.5%
of shares held by funds

Largest fund holders · LeonaBio, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Simplify Propel Opportunities ETF
SURI · Simplify Exchange Traded Funds
1.78%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.01%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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